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The lender has signed a letter of intent to acquire single-family mortgage operations and staff, according to Rick Arvielo, NAF's chief executive.

Leana Van Der Merwe is technical and standards executive at the South African Institute of Professional Accountants.

Tim Weber, a long-time voluntary benefit veteran, serves as VP, group sales and client management at ARAG, overseeing ARAG's core sales business: group sales, sales operations, client management, product development and client support services.

Jack Zoltak is a research assistant at Georgetown University's Psaros Center for Financial Markets and Policy, McDonough School of Business.

A key Senator had urged Fed Chairman Jerome Powell to lower rates early this year, but although there's more consensus on making such a move, it now looks unlikely to happen until after the next meeting.

The wholesale giant touts the move as giving brokers a leg up on banks and retail lenders waiting for the next origination wave.

Aspiring buyers took out fewer loans last week, leading to the overall decline, but the average purchase-loan size also surged to its highest mark since last spring, the Mortgage Bankers Association said.

Pierre E. Debbas is managing partner of Romer Debbas.

The parent company of Flagstar Bank surprised investors by slashing its dividend, charging off two large real-estate loans and preparing for more trouble in the office and multifamily sectors.

The company's building unit saw income slow, but the mortgage banking division number accelerated on both a quarterly and annual basis.